The acceptance of ICT projects for the next grant competition has finished
The acceptance of projects for the next grant competition, which was announced by the State Fund for the Development of Information Technologies (SFDIT) under the Ministry of Transport, Communications and High Technologies of the Republic of Azerbaijan, has finished.
172 projects were registered for the competition on the official website of the Fund (ictfund.gov.az).
The projects were accepted for the competition based on the following priority areas:
1. Development of advanced software (20 projects)
2. Development of innovative ICT product samples (71 projects)
3. Development of the innovative infrastructure, including development and commercialization of new technologies (23 projects)
4. Building of modern technology-based information networks (22 projects)
5. Expansion of ICT services and development of internet services (36 projects)
The evaluated of the projects will be carried out in 3 phases.
During the first phase, the initial evaluation of the projects will be carried out within 15 working days.
During the second phase, the complex evaluation of the projects which pass the initial evaluation will be carried out by independent experts within 20 working days.
The projects which successfully pass the complex evaluation will be presented to SFDIT’s Supervisory Board for final decision.
Note that the acceptance of projects for the grant competition lasted from April 10 till June 9, 2017.
The goal of the State Fund for Development of İnformation Technologies is to support the implementation of the state policy in the field of ICT, to encourage innovative entrepreneurial activities, to stimulate intellectual business, innovation and research activities, to facilitate the development of a modern infrastructure, to provide financial assistance to small and medium-size enterprises and to attract domestic and foreign investments to this area.
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